Celebration International Ministries Inc

Analysis

Celebration International Ministries Inc is a registered charity in United States, based in Magnolia, TX. It received its IRS tax-exemption ruling in February 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Celebration International Ministries Inc reported income of $70k and spending of $62k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $70k (+0.3%), an average of +0.3% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Celebration International Ministries Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within TX. Charities of a similar size with the same main cause include Christ Child Society of Summit NJ ($70k), Village Water Filters Inc ($70k) and St Michaels School Foundation Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.0% of the total. At year end it held assets of $11k against liabilities of $606, net assets of $10k.